Saturday, October 27, 2007

Quick Overview

  • The University of Michigan's consumer sentiment index dropped from 82.0 to 80.9 in October.

  • The USDA said that beef production totaled 2.09 billion pounds in September, down 3% YoY.

  • The USDA said pork production totaled 1.75 billion pounds in September

  • Countrywide Financial lost $1.2 billion in the third-quarter, but its shares rose after the largest U.S. mortgage lender said it expects to be profitable in the fourth quarter and in 2008.


  • While Bush, and G.O.P. candidates led by Romney, take hostilities against Iran to new highs, the dollar makes new lows, crude oil and gold make new highs.

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